National Republican. (Washington City (D.C.)) 1872-1888, 1887-06-29
IMpnovEMENrIN TIE MARKET
still n Little Feverish and Excited at
the Opening.

still n Little Feverisb and Excited at
the Opening.
NEW YonK, June 2S.-The stock market
underwent sudden and decided change
for the better to-day, but was feverish and
in the early hours quito excited. The pres
sure was renewed IN the forenoon aud many
disquietiDg rumors were put IN circulation,
and, Notwithstanding the buying for Lon
den account, which assumed larger proper
lions than for weeks past, further decline
was established. The drive was ended be-
fore noon, and IL was then given out that
Mr.. Field had transferred a large block OF
Manhattan stock 10 Mr.. Gould, and the lat
Ter was eaid TO be again under the market.
The room traders and professionals followed
the lead Of London, aud many OF the for.
mer, who were very conspicuous previously
In hammerlng prices, became equally prom
incnt In bidding them up. shorts were
covered all around, aud rumors OF settle
ment OF the telegraph war again became
current. Money was again very tight, but
eased up perceptlbly toward the end OF the
day, while there was further reduction OF
cent in sterling exchange rates.
The opening was active aud weak at de.
clinee extending TO per cent. the market
showed great irregularity. After the frat
hour there was less activity aud a rally
occurred, but the market halted at noon.
Shortly after that time, however, decided
strength was developed throughout the
list, which continued to p. IN, all the
acuve stocks making handsome gains.
Some hesitation was displayed In the last
hour, but tbs close was firm at about the
best figures reached.
Money on call has been tight, ranging
from A TO l-l6, last loan at 8, and closing
at TO 0. Sterling exchange is unsettled
AID weak. Actual business at 1921 TO 1891
for OO-day billie, and 1881 to 1891
for demand. Posted rates 4s3l to 4S5.
Government bonds have been dull anl
heavy. State bonds have been dull and
steady.
The following were the closing bid quo
tations
fs, 1886 "A COUP, 1921 Pac. O. of ,o5, 1891
s.; Mo Gs Of 's7, l0l; N. G.. Con. Gs, l2l1S
l05; Va. Gs,'is; do. consjl,, X n G. .5i;
tenn. settlement Sc, a; Cen. pac. tirsts, llGlS,
DENY. Ind r. @. ilrSts, go; NJ. X. and II, 95I
Northern Pac. iltsts, MS; do, seconds, 1918.
ST J.. and san Fran, III; 81. Paul con, 1871;
s. l. Chicago, and Pac. tlrsts, l1l Southern
Pss lrs,s' ilS;s; T,p.k;S. and G., a; Union
Express lii Alton aud 7. H., 40; do. .pfd.,
75I5; Am. Express, lO9 Bos. Air Line pfd., 90.
u. G. and II. N, t0 Canada southern, 6sIi
bhulou, ~, Ncil. rue, oitg' Ontf. anu OulO,
!; Chicago aud Alton. ii6; do ptd 100
q. Il. md O., li3; Cleveland and Col so
Con. Coal, 20; Del, aud Hud., l0l9s; Del and
pfd., 6o11; Fort Wayne, $50; Harlem, 2ls;
Houston and Texas, q; Ill. Cen, l2iH: Kans,
and Texas, 2s15: l.. Il. and W, 20is; Lake Shore,
l21; NJ. and Char, So; Met. L., l7S; Mich
Cen, $50; Mo. pac., lol)8: Mob. and o., l33s,
Mar. and E., 1924: N. Chat, SPIN. J. C.n..
Pac., 32Is; do. pld., 59Ia; Northwestern, li7i4
do. pid,, las; N Y. Cen, HOS: Chicago and
81. L.. lfs5; do. pid., 3llS Ohio and Miss, 81
do. pfd,, 70; Oregon Nav, 97I5: Pac. Mail,
d51S; Pittsburg, 1850: Reading, 500; Richmond
and Aleg., ~; Richmond and Dan, $50; Rock
lspd, 1913; St. i. and San. Fran, 81; do. pfd =,
20; do. first pfd llb; ST. Paul, IS: do ptd
i2l; st. P. and o., 5OI6; do. pfd., lli9s; Texas
Pac., 29n; Union Pac., 56Is; U. s. Y, SO; Wab.
Pac., lsla do. pfd., 1873; Wells Fargo 1870; West
Union, 7319: Tenn. Coal and Iron, 80; Cotton
OIL Trust, i51li Quicksilver, G}4; do. pid.. 80.